Metro (OTCMKTS:MTRAF) Announces Earnings Results

Metro (OTCMKTS:MTRAF) posted its earnings results on Tuesday. The company reported $0.83 earnings per share for the quarter, Zacks reports. Metro had a net margin of 4.63% and a return on equity of 14.84%.

Metro Trading Down 0.2%

MTRAF opened at $71.10 on Tuesday. Metro has a 52 week low of $61.01 and a 52 week high of $78.73. The company has a quick ratio of 0.51, a current ratio of 1.30 and a debt-to-equity ratio of 0.61. The business has a fifty day simple moving average of $71.44 and a 200-day simple moving average of $71.04. The firm has a market cap of $15.17 billion and a P/E ratio of 86.71.

Wall Street Analyst Weigh In

MTRAF has been the topic of a number of recent analyst reports. BMO Capital Markets reiterated an “outperform” rating on shares of Metro in a report on Thursday, November 20th. Scotiabank restated an “outperform” rating on shares of Metro in a research report on Thursday, November 20th. Three investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy”.

About Metro

Metro AG, trading in the United States as an American Depositary Receipt under the symbol MTRAF, is a leading international wholesale company focused on supplying the foodservice and hospitality sectors. Through its METRO Cash & Carry division, the company operates self-service wholesale outlets that offer a broad assortment of food products, fresh perishables, non-food items and hotel and restaurant equipment. Metro’s business model caters exclusively to professional customers—hotels, restaurants, caterers and independent retailers—enabling them to purchase in bulk at competitive prices.

Founded in 1964 and headquartered in Düsseldorf, Germany, Metro has grown its footprint across Europe and Asia, serving customers in more than 30 countries.